Australia's Korvest gains on upbeat half-year outlook

Korvest

30/10/2026 02:37

** Shares of Korvest KOV.AX rise as much as 6.1% to A$15.85, on track to log its best session since August 18
** Stock hits its highest level since October 15
** Cable and pipe support systems manufacturer expects first-half trading result to be significantly higher than pcp
** HY results to be in excess of stronger second-half of FY26, co says
** Adds, FY27 has commenced with a strong order book
** Stock is up 13% YTD, including the session's moves

 (Reporting by Anjali Singh in Bengaluru)
 ((anjali.singh2@thomsonreuters.com;))